Capital Southwest (CSWC)

Company Profile

Capital Southwest Corporation is a Dallas, Texas-based, internally managed Business Development Company, with approximately $313 million in net assets as of December 31, 2020. Capital Southwest is a middle-market lending firm focused on supporting the acquisition and growth of middle market businesses and makes investments ranging from $5 to $20 million in securities across the capital structure, including first lien, unitranche, second lien, subordinated debt, and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

Company profile

Ticker

CSWC

Exchange

NASDAQ

Website

www.capitalsouthwest.com

CEO

Bowen Diehl

Incorporated

Texas

Location

Texas

Fiscal year end

Mar 31

Sector

Finance and Insurance > Other Financial Vehicles

SEC CIK

0000017313

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

I-45 SLF LLC • Capital Southwest Equity Investments, Inc. • Capital Southwest SBIC I, LP • Capital Southwest SBIC I GP, LLC ...

IRS number

751072796

CSWC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

DEFA14A

Additional proxy soliciting materials

Prospectus supplement

Results of Operations and Financial Condition

22 May 23

8-K

Regulation FD Disclosure

26 Apr 23

8-K

Capital Southwest Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results

13 Apr 23

8-K

Capital Southwest Receives Investment Grade Rating from Moody’s Investors Service

3 Apr 23

8-K

Capital Southwest Announces U.S. Federal Income Tax Treatment of 2022 Dividends

1 Feb 23

Transcripts

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CSWC

Earnings call transcript

2023 Q4

23 May 23

CSWC

Earnings call transcript

2023 Q3

31 Jan 23

CSWC

Earnings call transcript

2023 Q2

1 Nov 22

CSWC

Earnings call transcript

2023 Q1

2 Aug 22

CSWC

Earnings call transcript

2022 Q4

24 May 22

CSWC

Earnings call transcript

2022 Q3

1 Feb 22

CSWC

Earnings call transcript

2022 Q2

2 Nov 21

CSWC

Earnings call transcript

2022 Q1

3 Aug 21

CSWC

Earnings call transcript

2021 Q4

26 May 21

CSWC

Earnings call transcript

2021 Q3

2 Feb 21

Latest ownership filings

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Ramona Lynn Rogers-Windsor

Ramona Lynn Rogers-Windsor

Ramona Lynn Rogers-Windsor

12 Aug 22

Financial summary

Financial statements Chart CSWC financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 23	Mar 22	Mar 21	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	21.59 mm	21.59 mm	21.59 mm	21.59 mm		21.59 mm
Cash burn (monthly)	33.67 k	721.08 k	(no burn)	(no burn)		(no burn)
Cash used (since last report)	74.77 k	1.60 mm	n/a	n/a		n/a
Cash remaining	21.51 mm	19.98 mm	n/a	n/a		n/a
Runway (months of cash)	638.9	27.7	n/a	n/a		n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

CSWC institutional ownership history Ownership history

34.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	190	187	+1.6%
Opened positions	25	27	-7.4%
Closed positions	22	22	–
Increased positions	70	53	+32.1%
Reduced positions	45	58	-22.4%

13F shares	Current	Prev Q	Change
Total value	1.73 tn	1.41 tn	+22.4%
Total shares	12.57 mm	12.34 mm	+1.9%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Allspring Global Investments	1.29 mm	$178.82 bn	-3.6%
T. Rowe Price Investment Management	1.28 mm	$177.97 bn	+2.0%
Neuberger Berman	1.15 mm	$159.25 bn	+3.4%
BLK Blackrock	990.92 k	$137.67 bn	-0.2%
Vanguard	830.28 k	$115.35 bn	+1.2%
Champlain Investment Partners	743.76 k	$103.33 bn	-3.1%
First Manhattan	508.55 k	$70.65 bn	-8.7%
MS Morgan Stanley	462.66 k	$64.28 bn	-7.4%
Dimensional Fund Advisors	401.05 k	$55.72 bn	-2.1%
JHG Janus Henderson	358.67 k	$49.83 bn	+10.1%

Largest transactions	Shares	Bought/sold	Change
Capital International Investors	350.67 k	-107.75 k	-23.5%
Proficio Capital Partners	105.45 k	+105.45 k	NEW
Silvercrest Asset Management	69.40 k	+69.40 k	NEW
Jacobson & Schmitt Advisors	61.03 k	+61.03 k	NEW
Allspring Global Investments	1.29 mm	-48.38 k	-3.6%
First Manhattan	508.55 k	-48.17 k	-8.7%
Ci Investments	191.51 k	-45.00 k	-19.0%
Neuberger Berman	1.15 mm	+37.49 k	+3.4%
MS Morgan Stanley	462.66 k	-36.90 k	-7.4%
JHG Janus Henderson	358.67 k	+32.98 k	+10.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CSWC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Feb 23	Ramona Lynn Rogers-Windsor	Common Stock	Buy	Acquire P	No	No	19.6852	500	9.84 k	7,907.029
15 Nov 22	Michael Scott Sarner	Common Stock	Payment of exercise	Dispose F	No	No	19.09	6,138	117.17 k	307,224.704
15 Nov 22	Joshua S. Weinstein	Common Stock	Payment of exercise	Dispose F	No	No	19.09	3,688	70.40 k	174,015
15 Nov 22	Diehl Bowen S	Common Stock	Payment of exercise	Dispose F	No	No	19.09	7,230	138.02 k	168,520
4 Nov 22	Ramona Lynn Rogers-Windsor	Common Stock	Buy	Acquire P	No	No	18.97	500	9.49 k	7,262.084